M&T Bank Corp Acquires 2,650,915 Shares of The Estee Lauder Companies Inc. $EL

M&T Bank Corp grew its holdings in shares of The Estee Lauder Companies Inc. (NYSE:EL) by 16,270.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,667,208 shares of the company’s stock after acquiring an additional 2,650,915 shares during the period. Estee Lauder Companies comprises approximately 0.8% of M&T Bank Corp’s holdings, making the stock its 22nd largest position. M&T Bank Corp’s holdings in Estee Lauder Companies were worth $279,310,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of EL. Victory Capital Management Inc. grew its position in shares of Estee Lauder Companies by 3,181.4% during the 3rd quarter. Victory Capital Management Inc. now owns 2,312,535 shares of the company’s stock valued at $203,781,000 after acquiring an additional 2,242,062 shares during the period. Wellington Management Group LLP grew its position in shares of Estee Lauder Companies by 3,986.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,082,217 shares of the company’s stock valued at $183,485,000 after acquiring an additional 2,031,262 shares during the period. Bank of New York Mellon Corp grew its position in shares of Estee Lauder Companies by 46.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,112,501 shares of the company’s stock valued at $538,634,000 after acquiring an additional 1,937,107 shares during the period. Franklin Resources Inc. grew its position in shares of Estee Lauder Companies by 1,193.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,521,399 shares of the company’s stock valued at $134,066,000 after acquiring an additional 1,403,807 shares during the period. Finally, KEYWISE CAPITAL MANAGEMENT HK Ltd bought a new stake in shares of Estee Lauder Companies during the 3rd quarter valued at $72,567,000. Institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on EL shares. Royal Bank Of Canada reissued an “outperform” rating and set a $113.00 price objective on shares of Estee Lauder Companies in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Estee Lauder Companies from $124.00 to $108.00 and set a “buy” rating for the company in a research report on Monday, March 30th. Barclays lowered their target price on shares of Estee Lauder Companies from $94.00 to $72.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Jefferies Financial Group began coverage on shares of Estee Lauder Companies in a research note on Wednesday, January 14th. They set a “hold” rating and a $110.00 target price on the stock. Finally, Raymond James Financial upgraded shares of Estee Lauder Companies from a “market perform” rating to a “strong-buy” rating and set a $130.00 target price on the stock in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Estee Lauder Companies has a consensus rating of “Hold” and a consensus target price of $97.95.

Estee Lauder Companies Stock Down 2.5%

EL opened at $75.87 on Wednesday. The stock has a market cap of $27.44 billion, a price-to-earnings ratio of -151.74, a price-to-earnings-growth ratio of 0.89 and a beta of 1.26. The Estee Lauder Companies Inc. has a fifty-two week low of $54.75 and a fifty-two week high of $121.64. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.36. The firm’s fifty day moving average is $88.21 and its 200 day moving average is $97.24.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. The business had revenue of $4.23 billion for the quarter, compared to analysts’ expectations of $4.22 billion. Estee Lauder Companies had a negative net margin of 1.21% and a positive return on equity of 17.59%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.62 EPS. Estee Lauder Companies has set its FY 2026 guidance at 2.030-2.230 EPS. On average, sell-side analysts forecast that The Estee Lauder Companies Inc. will post 2.23 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $0.35 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.40 annualized dividend and a yield of 1.8%. Estee Lauder Companies’s payout ratio is presently -280.00%.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.